>> i think u.s. treasury securities are probably overdone on the yield and we could see continued rate rises there and clearly that will erode principal, but that doesn't necessarily mean we have to count out bonds completely. in fact, i would argue that credit oriented bonds are those maybe with investment grade or even lower credit ratings could actually throve as we start to see some progress brest in the first in the first half of the year. >> since interest rates could rise in 2010, what is your forecast for rates on cds and money markets, when is a good time to start investing in those again? >> cds and money markets clearly have offered no yield and i'm going to say that for the most part of 2010, we're not going to see too many big increases in yield. the fed certainly does not want to take the punch bowl way early and i think given the fact that our stimulus is starting to wind down on the fiscal side, i do think the fed going to continue to keep the pedal to the metal on the monetary side w